Hhhmmm... I've had a think about it, and had a look back at the acquisition announcements.
This is pure speculation, but my bet is they may have acquired another Cloud Computing company to go with the last two very good recent acquisitions. These guys are on the march.
After the last acquisitions they stated their intention to acquire a number of Cloud focused technology businesses. And in the next paragraph they said they had a structured acquisition program.
They acquired 2 Microsoft partnership companies, both primed and ready to cash in on the imminent launch of the local Microsoft Azure DataCentre.
Last years combined revenue from these companies was $30 million, which is set to grow significantly with the new Cloud Microsoft DataCentre.
It's just a guess but I reckon they may have acquired another excellent company. We will soon see. In any event, it is a company to watch.
Gw
MOQ Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
